Hallador Investment Advisors

We aim to generate outstanding returns for our clients, our company, and the community around us

We succeed by upholding intellectual honesty while respecting others and their views

We do the right thing regardless of the short-term consequences for the long-term success of our clients, company, and people

We earn the trust and respect of our clients and fellow team members by doing what we say we will do

We embrace the challenge of a constantly changing world by investing in ourselves and our company

• DAVID HARDIE Executive Chairman Read Bio
• KEVIN LEARY Chief Executive Officer Read Bio
• BIJEL DOSHI Portfolio Manager Read Bio
• MICHELE MACDONALD Executive Assistant Read Bio
• PETER VAN RODEN Investment Analyst Read Bio Hallador invests across a range of strategies and asset classes, but has a value orientation, focused on cash flow, concentrated positions, tax efficiency, and off-the-beaten-path managers and companies

Hallador’s equity portfolio is diverse, ranging from the United States to emerging markets, deep value to growth, and includes active and passive strategies

Hallador has allocated to managers in traditional buyout, growth capital, real estate, secondaries, distressed, venture capital, and infrastructure funds, across developed and emerging markets

Hallador focuses on hedge funds that prioritize absolute returns over volatility reduction, and strategies include traditional long-short and multi-strategy

DIRECT PRIVATE & PUBLIC INVESTMENTS

Hallador holds a portion of certain portfolios in direct investments, primarily in venture capital, but also in real estate and other private and public opportunities Direct venture capital investments include technology software/hardware, consumer products, and healthcare

Hallador generally does not participate in new issues / IPO’s, nor pharma-related investments The Company also considers the environmental, social, and governance implications of new investments

• OUR OFFICE ADDRESS 5485 Kietzke Lane, Reno, NV 89511

5485 Kietzke Lane, Reno, NV 89511

The materials on this website do not constitute an offer to sell or a solicitation to purchase any securities or investment advisory services Any such offer or solicitation shall be made only to “accredited investors” (as defined in Regulation D promulgated under the Securities Act of 1933), “qualified clients” (as defined in the Investment Advisors Act of 1940) and/or “qualified purchasers” (as defined in the Investment Company Act of 1940), pursuant to a private placement memorandum and related subscription materials An investment in the strategies described herein involves a high degree of risk, including the possibility of loss of principal, and is illiquid due to restrictions on withdrawal See the formal offering documents for full details regarding risks, minimum investments, fees and expenses Past performance is no guarantee of future results